China's Oil Giants Don't Fit Into Cheap-Oil World

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PetroChina, Sinopec and Cnooc’s latest results show China’s oil giants are still spending too much.

German Car Makers Shift Gears as China Slows

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At BMW AG’s annual results presentation in March, former Chief Executive Norbert Reithofer warned of a coming slowdown in China. On Thursday his prediction seems optimistic.

U.S. Jobless Claims Fall as Labor Market Remains Strong

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The number of Americans seeking first-time unemployment benefits fell last week, suggesting the labor market remains healthy.

Standard Chartered's Puzzling Currency Questions

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Asian currencies are the new threat to the emerging markets lender.

Oil Exploration Companies Scramble to Cut Costs

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Across the oil exploration industry, smaller companies are renegotiating drilling commitments, selling off stakes in licenses and canceling plans to drill exploration wells—whatever it takes to pare back budgets that once hinged on expensive drilling programs.

Schlumberger Wants Cameron's Company in Oil Slump

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Schlumberger’s $12.7 billion deal to buy joint-venture partner Cameron is the latest example of oil-field services companies seeking safety in numbers.

When Bad Things Happen to Expensive Stocks

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One reason U.S. stocks have been so sensitive to China woes: high valuations. But that doesn’t mean they can’t get more expensive.

Fed's Dudley: Case for September Rate Increase Now 'Less Compelling'

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New York Fed President William Dudley said prospects of a U.S. central-bank rate rise next month have dimmed amid rising overseas concerns.

Housing, Consumer Confidence Are Bright Spots

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A firming housing market and growing consumer confidence, alongside nearly five years of steady job creation, suggest the U.S. is resilient enough to weather the forces roiling stock prices and hurting commodity-producing countries reliant on China as an export market.

Fed Has a Theory, but Proof Is Patchy

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The Outlook: As the Federal Reserve ponders raising rates, one of the economic theories it is relying on is the Phillips curve, which holds that as the jobless rate falls, inflation rises. But the link has been elusive in U.S. data.

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